Why climate change is leaving mining firms between a rock and a hard place
For most of us, when we think about mining and the environment, it tends to be about water and air pollution, disasters such as the fatal collapse of tailings dams, or the global warming consequences of coal mining.
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Fleet Space, Stanford University’s Mineral-X team up to advance space-enabled climate innovation
Australia-based Fleet Space Technologies, developer and operator of microsatellites, announced Monday that it has been named an industrial affiliate of Stanford University’s Mineral-X program — a research organization combining expertise in geoscience, resource optimization and artificial intelligence (AI) to enable a decarbonized mineral supply chain.
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India’s plans to double coal production ignore climate threat
As climate diplomats at COP28 in Dubai debated an agreement to transition away from fossil fuels last December, India was facing another energy conundrum: It needed to build more power capacity, fast.
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Glencore to update climate plan in 2024 after investor pressure
Mining News Pro - Glencore will publish an updated climate action transition plan in March 2024, it said on Wednesday, after some investors rejected its climate progress report and it agreed to buy Canadian miner Teck Resources’ steelmaking coal business.
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Miners face ‘considerable challenges’ meeting demand from US climate law -study
Mining News Pro - The mining industry faces “considerable challenges” meeting larger-than-expected demand for copper, nickel and other electric vehicle metals fueled by a US climate law, S&P Global said in a report on Tuesday, ahead of the legislation’s one-year anniversary.
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ISS advises Glencore shareholders to vote against climate progress report
Mining News Pro - Glencore’s investors should vote against the global miner and trader’s climate progress report and in favour of a shareholder resolution seeking more disclosure on thermal coal, proxy advisor Institutional Shareholder Services (ISS) said.
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Europe needs to invest over €300 billion in the next two years to reach climate goals
Mining News Pro - Europe needs to invest €302 billion annually to build relevant infrastructure over the next two years if it wants to reach its goals of becoming climate neutral by 2050 and reducing greenhouse gas emissions to net zero, a new study has shown.
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World Gold Council Report
Climate Change Adaptation and Resilience Strategies for the Gold Mining Industry
Mining News Pro -The World Gold Council’s ‘Gold and climate change: Adaptation and resilience’ report identifies the key physical climate-related vulnerabilities of the gold mining industry and outlines a range of adaptation strategies to support the industry in managing the associated risks
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Visit: 314
COP27: We’re on a highway to climate hell, UN boss says
Mining News Pro - Despite decades of climate talks – the Egypt COP is the 27th Conference of the Parties – progress has been insufficient to save the planet from excessive warming as countries are too slow or reluctant to act, he noted.
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BHP urged to step up climate advocacy by shareholder activists
Mining News Pro - Australian mining giant BHP Group should “proactively advocate” for stronger climate policy, according to a new shareholder resolution lodged by an activist investor group.
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Climate disasters risk putting a damper on electric car making
Mining News Pro - Automakers racing to make more electric vehicles have a problem: climate change is catching up with the industry.
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Visit: 545
India may delay coal plant closures in blow to climate action
Mining News Pro - India’s government is studying a slower retirement of aging coal-fired power plants as it also adds newer sites, a move that would keep fossil fuel capacity higher for years and potentially stall efforts to hit climate goals.
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Visit: 835
Coal giants are making mega profits as climate crisis grips the world
Mining News Pro - The globe is in the grips of a climate crisis as temperatures soar and rivers run dry, and yet it’s never been a better time to make money by digging up coal.
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Visit: 609
Climate bill would put US back in global race for EV leadership
Mining News Pro - This week, everyone working on energy and climate issues in the US is intensely focused on the Inflation Reduction Act, looking for smoke signals as to whether it will pass and if any modifications will be made.
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White House considers emergency declaration to fight climate change
Mining News Pro - President Joe Biden will announce executive action to confront climate change after a key senator blocked legislation, but he’s holding off for now on an emergency decree that would allow him to marshal sweeping powers — and billions of federal dollars — against global warming.
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Visit: 729
Net zero climate target could fail without more copper supply
Mining News Pro - Efforts to reach carbon neutrality by 2050 are likely to remain out of reach as copper supply fails to match demand amid the growing use of solar panels, electric vehicles, and other renewable technologies, data from S&P Global showed on Thursday.
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Supreme Court curbs EPA’s climate authority in blow to Biden
Mining News Pro - A deeply divided US Supreme Court dealt a major blow to President Joe Biden’s climate-change agenda, restricting the Environmental Protection Agency’s ability to curb power-plant emissions and saying Congress would have to act to give the agency more authority.
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UK coal mine’s climate impact is ‘indefensible,’ watchdog says
Mining News Pro - Plans to build the UK’s first deep coal mine in three decades are “absolutely indefensible” because the resulting pollution would blow holes through the nation’s pledge to reduce emissions by 2050, the climate change watchdog said.
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Visit: 538
Chile’s climate scientist minister eyes tougher rules for top copper mining nation
Mining News Pro - Chile’s Environment Minister Maisa Rojas, a leading climate scientist with a PhD from Oxford who made the leap into politics this year, is on a mission to strengthen the Andean country’s environmental rules and hold mining firms to account.
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Visit: 597
Chile’s climate scientist minister eyes tougher rules for top copper mining nation
Mining News Pro - Chile’s Environment Minister Maisa Rojas, a leading climate scientist with a PhD from Oxford who made the leap into politics this year, is on a mission to strengthen the Andean country’s environmental rules and hold mining firms to account.
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Visit: 293
Canada climate goals set high hurdle for Suncor oil sands mine extension
Mining News Pro - Canada is favouring oil projects with lower carbon emissions per barrel to help meet its climate targets, a strategy that may block Suncor Energy’s plan to expand bitumen mining to feed its key oil sands operations.
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Rio Tinto exits state mining lobby amid climate rift
Mining News Pro - Rio Tinto, one of the largest Australian mining companies, on Thursday confirmed its exit from the state mining lobby group after raising concerns that its policy on expansion of coal mines did not align with the Paris Climate Agreement.
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Climate action “at the heart” of Rio Tinto strategy
Mining News Pro - Rio Tinto’s annual general meeting (AGM) has seen the major miner put its climate action plan to its shareholders for an advisory vote, in response to investor sentiment.
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Visit: 727
US Supreme Court questions scope of EPA’s climate change powers
Mining News Pro - US Supreme Court justices debated putting new limits on the Environmental Protection Agency’s power to tackle greenhouse-gas emissions, as they considered a case that threatens to undercut President Joe Biden’s climate agenda.
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Benchmark iron ore to end 2021 with 12% plunge amid China climate efforts
Mining News Pro - China’s benchmark iron ore futures headed to their first annual decline in three, with a roller coaster year that saw prices hit record highs before nearly halving amid Beijing’s strict output curbs to meet climate change goals.
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Visit: 666